Hilferding was a propounder for the "economic" reading of [[Karl Marx]] identifying with the "[[Austromarxism|Austro-Marxian]]" group.<ref name="newschool">[[The New School]]. http://cepa.newschool.edu/het/profiles/hilferd.htm</ref> He was the first to put forward the theory of ''[[organized capitalism]]''.<ref name="Lane">{{Cite book|url=https://books.google.com/books?id=VlR8YCE8lkQC|title=Biographical Dictionary of European Labor Leaders|last=Lane|first=A. T.|date=1995-12-01|publisher=Greenwood Publishing Group|isbn=9780313264566|language=en}}</ref> He was the main defender to the challenge to Marx by [[Austrian School]] economist and fellow [[Vienna]] resident, [[Eugen von Boehm-Bawerk|Eugen von Böhm-Bawerk]]. Hilferding also participated in the [[Crisis theory|"Crises Debate"]] – disputing Marx's theory of the instability and eventual breakdown of capitalism on the basis that the concentration of [[Capital (economics)|capital]] is actually stabilizing. He edited leading publications such as ''[[Vorwärts]]'', ''[[Die Freiheit (1918)|Die Freiheit]]'', and ''[[Die Gesellschaft]]''.<ref name="Smaldone"/> His most famous work was ''[[Das Finanzkapital]]'' (''Finance capital''), one of the most influential and original contributions to Marxist economics<ref name="Barclay"/> with substantial influence on Marxist writers such as [[Vladimir Lenin]] <ref name="Lane"/> and [[Nikolai Bukharin]] influencing his writings on [[imperialism]].<ref name="Wistrich"/><ref name="Fischer">[[Ruth Fischer]], ''Stalin And German Communism: A Study in the Origins of the State Party''. https://books.google.com/books?id=ForT6-NIv0UC&pg=PA142&dq=%22Rudolf+Hilferding%22&as_brr=3&sig=UeJOZbj5pVWhbMiOAy5KJLLfIIU</ref>

Hilferding was a propounder for the "economic" reading of [[Karl Marx]] identifying with the "[[Austromarxism|Austro-Marxian]]" group.<ref name="newschool">[[The New School]]. http://cepa.newschool.edu/het/profiles/hilferd.htm</ref> He was the first to put forward the theory of ''[[organized capitalism]]''.<ref name="Lane">{{Cite book|url=https://books.google.com/books?id=VlR8YCE8lkQC|title=Biographical Dictionary of European Labor Leaders|last=Lane|first=A. T.|date=1995-12-01|publisher=Greenwood Publishing Group|isbn=9780313264566|language=en}}</ref> He was the main defender to the challenge to Marx by [[Austrian School]] economist and fellow [[Vienna]] resident, [[Eugen von Boehm-Bawerk|Eugen von Böhm-Bawerk]]. Hilferding also participated in the [[Crisis theory|"Crises Debate"]] – disputing Marx's theory of the instability and eventual breakdown of capitalism on the basis that the concentration of [[Capital (economics)|capital]] is actually stabilizing. He edited leading publications such as ''[[Vorwärts]]'', ''[[Die Freiheit (1918)|Die Freiheit]]'', and ''[[Die Gesellschaft]]''.<ref name="Smaldone"/> His most famous work was ''[[Das Finanzkapital]]'' (''Finance capital''), one of the most influential and original contributions to Marxist economics<ref name="Barclay"/> with substantial influence on Marxist writers such as [[Vladimir Lenin]] <ref name="Lane"/> and [[Nikolai Bukharin]] influencing his writings on [[imperialism]].<ref name="Wistrich"/><ref name="Fischer">[[Ruth Fischer]], ''Stalin And German Communism: A Study in the Origins of the State Party''. https://books.google.com/books?id=ForT6-NIv0UC&pg=PA142&dq=%22Rudolf+Hilferding%22&as_brr=3&sig=UeJOZbj5pVWhbMiOAy5KJLLfIIU</ref>

Rudolf Hilferding (10 August 1877 – 11 February 1941) was an Austrian-born Marxist economist, leading socialist theorist,[1] politician and chief theoretician[2] for the Social Democratic Party of Germany (SPD) during the Weimar Republic,[3] almost universally recognized as the SPD's foremost theoretician of his century, and a physician.[4]